Shanxi Xishan Price To Book vs. Total Debt
| 000983 Stock | 8.14 0.01 0.12% |
For Shanxi Xishan profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Shanxi Xishan to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Shanxi Xishan Coal utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Shanxi Xishan's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Shanxi Xishan Coal over time as well as its relative position and ranking within its peers.
Shanxi |
Shanxi Xishan Coal Total Debt vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Shanxi Xishan's current stock value. Our valuation model uses many indicators to compare Shanxi Xishan value to that of its competitors to determine the firm's financial worth. Shanxi Xishan Coal is number one stock in price to book category among its peers. It also is the top company in total debt category among its peers making up about 1,133,414,669 of Total Debt per Price To Book. Comparative valuation analysis is a catch-all model that can be used if you cannot value Shanxi Xishan by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Shanxi Xishan's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Shanxi Total Debt vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Shanxi Xishan |
| = | 1.26 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Shanxi Xishan |
| = | 1.43 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Shanxi Total Debt vs Competition
Shanxi Xishan Coal is the top company in total debt category among its peers. Total debt of Energy industry is presently estimated at about 8.53 Billion. Shanxi Xishan retains roughly 1.43 Billion in total debt claiming about 17% of equities under Energy industry.
Shanxi Xishan Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Shanxi Xishan, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Shanxi Xishan will eventually generate negative long term returns. The profitability progress is the general direction of Shanxi Xishan's change in net profit over the period of time. It can combine multiple indicators of Shanxi Xishan, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Operating Income | 12.4 B | 13 B | |
| Income Before Tax | 11.6 B | 12.2 B | |
| Net Income Applicable To Common Shares | 12.3 B | 12.9 B | |
| Net Income | 6.8 B | 7.1 B | |
| Income Tax Expense | 5.5 B | 5.8 B | |
| Net Income From Continuing Ops | 8.4 B | 4.3 B | |
| Total Other Income Expense Net | -950.1 M | -997.7 M | |
| Net Interest Income | -786.5 M | -825.8 M | |
| Interest Income | 165.2 M | 173.4 M | |
| Change To Netincome | 1.1 B | 969.1 M |
Shanxi Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Shanxi Xishan. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Shanxi Xishan position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Shanxi Xishan's important profitability drivers and their relationship over time.
Use Shanxi Xishan in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Shanxi Xishan position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Shanxi Xishan will appreciate offsetting losses from the drop in the long position's value.Shanxi Xishan Pair Trading
Shanxi Xishan Coal Pair Trading Analysis
The ability to find closely correlated positions to Shanxi Xishan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shanxi Xishan when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Shanxi Xishan - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Shanxi Xishan Coal to buy it.
The correlation of Shanxi Xishan is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Shanxi Xishan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shanxi Xishan Coal moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Shanxi Xishan can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Shanxi Xishan position
In addition to having Shanxi Xishan in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Small Growth Funds Thematic Idea Now
Small Growth Funds
Funds or Etfs that invest in stocks of small to mid-sized companies with above-average risk and growth rate that usually reinvest their earnings back into business. The Small Growth Funds theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Small Growth Funds Theme or any other thematic opportunities.
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Other Information on Investing in Shanxi Stock
To fully project Shanxi Xishan's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Shanxi Xishan Coal at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Shanxi Xishan's income statement, its balance sheet, and the statement of cash flows.